Good Charlotte sign deal for new studio album

Good Charlotte fans have been waiting weeks to see what the guys have been hiding up their sleeves, but now, it looks like the cat may have been let out of the bag a little early due to a new business deal. On Tuesday (May 22), Billboard reported that the Baltimore-founded band had signed a worldwide deal with BMG to release their new studio album.

The only problem? The quintet had yet to confirm the news of an upcoming record.

According to the report, the yet-to-be-confirmed project will be Good Charlotte’s second album to be released through their record label imprint, MDDN. The first album they released through the MDDN imprint was their post-hiatus album, 2016’s Youth Authority.

“We feel our partnership with BMG is a natural one, as we’ve been fortunate enough to see firsthand their commitment to the artists they’re in business with,” reads a press statement on behalf of Benji and Joel Madden. “As the momentum for Good Charlotte continues to build in this new chapter of our career, BMG has consistently demonstrated the type of forward thinking, artist friendly, entrepreneurial spirit that we really relate to and is in line with the way we want our business to feel.”

The new deal announcement comes a day after the band released another teaser clip on their Instagram account. Unlike all their previously posted cryptic gifs, this ten second snippet ended with the date May 25, 2018 appearing on the screen.

Prior to that, the group had posted gifs of their old press photos with a steel-blue skull superimposed over their faces. Then, last week, they did the same thing, but on some classic 90s albums including Garth Brooks’ Ropin’ the Wind, Celine Dion’s Let’s Talk About Love, The Fugees’ The Score, Bob Dylan’s Nashville Skylines, and Kenny G’s Breathless.

Live Nation Buys Controlling Stake in Bonnaroo

Live Nation can now add another music festival to their long growing roster of music-centric events; Bonnaroo.

Last night, Billboard and several other publications began to report that the large concert venture had purchased a controlling stake in the Tennessee-based music festival.

As of now, Live Nation owns stakes in over 60 music festivals including: Austin City Limits, Lollapalooza, Reading and Leeds, T in the Park, and many more.

According to reports, Superfly Production and AC Entertainment, who founded the festival, will continue to run the day-to-day operations for the festival which is set to take place in early June.

“We are strengthening our commitment to cater the best possible experience at Bonnaroo,” said Rick Farman, co-founder of Superfly.

“Through this partnership with Live Nation, we’re even more empowered to enhance the festival while preserving the integrity of the event that we’ve thoughtfully built over the past 14 years.”

“Partnering with Live Nation is a milestone for Bonnaroo. It opens up tremendous opportunities for us to continue to evolve the Bonnaroo experience in an exciting powerful way,” said Ashley Capps, founder AC Entertainment.

But the controlling stake in the festival isn’t the only thing Live Nation has acquired. The concert promoter has also purchased a share of the Bonnaroo property, Great Stage Park, also known as “The Farm.”

No telling what this means for the festival. Some say that it could be a good thing, like the founders claim, but it can also work against them especially if Live Nation decides to up the price of tickets which already costs attendees $350 for the weekend.

All that can be done is sit back and see.

This year’s line-up is set to take place from June 11-14 and will feature performances by Billy Joel, Kendrick Lamar, and Deadmau5

Apple Officially Acquires Beats

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It is now official; Apple and Beats are now one company. 
 
After months of debates and talks, the two companies have finally confirmed the $3 billion acquisition in two separated posts earlier today. The deal was reportedly approved by the European Union earlier this week. 
 
In Apple’s posting, the mega-corp. said that it is “excited to officially welcome Beats Music and Beats Electronics to the Apple Family. Music has always held a special place in our hearts and er’re thrilled to join forces with a group of people who love it as much as we do.”
 
The go on to talk about the products and the beauty of them as well as the excitement for them to be working with the team at Beats. 
Sadly, this joint venture and acquisition means that many employees at Beats will be heading towards the unemployment line. Due to the redundancy in positions such as areas in Human Resources and legal, many of those employed by Beats will now be out of a job. 
 
For Beats, they said that they are excited  and ” are fortunate to add out instruments to this legacy by joining Apple. The products we build together will allow us to reimagine sound once again.”
 
Also coming with the acquisition? The fact that all Beats customers have been notified that all sale, complaints and/or questions will now be routed through the Apple Online Store. No word on how Trent Reznor feels about this. 
 
Well, we guess this is what the overpriced apocalypse looks like.